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November 6, 2014

Framingham IT security firm secures financing

Framingham-based internet security firm Prelert, has raised an additional $7.5 million in VC financing, it announced this week.

The financing, which comes from Intel Capital, along with existing investors Fairhaven Capital and Sierra Ventures will be used to further expand the company’s field sales and engineering organizations, Prelert said.

Most of the focus will be on its Anomaly Detective product, which is aimed at cloud service providers and other IT management companies, it said.

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